London partners with Paris for ground-breaking business in addition to also tourism partnerships

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

London partners with Paris for ground-breaking business in addition to also tourism partnerships

London mayor Sadiq Khan in addition to also the mayor of Paris, Anne Hidalgo, today announced fresh business in addition to also tourism collaborations to attract international visitors to both cities in addition to also help companies based in London in addition to also Paris to expand into fresh international markets.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

The agreement will, for initially, jointly showcase London in addition to also Paris to overseas visitors, while a fresh initiative called the Paris-London
Business Welcome Program will encourage in addition to also facilitate the flow of trade in addition to also investment between the two cities.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

The announcement comes just one day before the UK government triggers Article 50, beginning the formal process of withdrawing the UK via the European Union.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

The cities of Paris in addition to also London have made a choice to focus on constructive alliance, rather than competition.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

Since the EU referendum the two cities have been working to facilitate the joint domiciliation of companies in London in addition to also Paris, to ensure which entrepreneurs are able to develop their business in both markets.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

Khan said: “London in addition to also Paris are two of the greatest cities within the planet in addition to also we have so much to gain via joining forces.

London Partners With Paris For Ground-breaking Business In Addition To Also Tourism Partnerships

“Never underestimate the incredible benefits to be found when major cities do business together.

“Our great friends in Paris in addition to also across the continent are well aware which working closely together remains to our mutual benefit.”

Visitors to London in addition to also Paris spend in excess of £30 billion per year in addition to also the tourism economy in both cities supports 1.2million jobs.

Hidalgo said: “Paris in addition to also London share common values in addition to also willpower.

“We want to be attractive to companies all over the planet.

“Since the election of Sadiq, our two cities have been working better together.

“We are developing fresh exchanges in addition to also fresh projects.

“All these initiatives will create employment, activity in addition to also economic growth.

“which is actually a very positive dynamic which the Brexit will not change.”

The tourism agreement, which will launch in 2018, will focus on key drivers for international visitors to both cities, such as culture in addition to also heritage.

The Paris-London Business Welcome will build on both cities’ business strengths in addition to also follows a statement last year via both Mayors which Paris in addition to also London might work more closely together to make the London-Paris’ ‘win-win partnership’ even stronger.

The Paris-London Business Welcome programme will include assistance with company set-up, access to co-working space, introduction to the local tech ecosystem in addition to also networking, in addition to also discounted accommodation.

Eurostar will also provide entrepreneurs with preferential rates on their services.

London receives more inward investment via Paris than any additional global city, attracting £2.6 billion in addition to also generating almost 10,000 jobs over the last ten years.

Paris, in comparison, is actually the largest European destination for foreign direct investment via London.

Since January 2006, over 0 London-based companies have set up in Paris, creating 7,500 jobs within the city.

London partners with Paris for ground-breaking business in addition to also tourism partnerships

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